Ace Algo [Anson5129]
📈 Works for stocks, forex, crypto, indices
📈 Easy to use, real-time alerts, no repaint
📈 No grid, no martingale, no hedging
📈 One position at a time
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Ace Algo [Anson5129]
A trend-following TradingView strategy using a confluence of technical indicators and time-based rules for structured long/short entries and exits:
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Parameters Explanation
Moving Average Length
- Indicates the number of historical data points used for the average price calculation.
- Shorter = volatile (short-term trends); longer = smoother (long-term trends, less noise).
- Default: 20
Entry delay in bars
- After a trade is closed, delay the next entry in bars. The lower the number, the more trades you will get.
- Default: 4
Take Profit delay in bars
- After a trade is opened, delay the take profit in bars. The lower the number, the more trades you will get.
- Default: 3
Enable ADX Filter
- No order will be placed when ADX < 20
- Default: Uncheck
Block Period
- Set a block period during which no trading will take place.
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Entry Condition:
- Only Long when the price is above the moving average (Orange line).
- Only Short when the price is below the moving average (Orange line).
- * Also, with some hidden parameter that I set in the backend.
Exit Condition:
When getting profit:
- Trailing Stop Activates after a position has been open for a set number of bars (to avoid premature exits).
When losing money:
- In a long position, when the price falls below the moving average, and the conditions for a short position are met, the long position will be closed, and the short position will be opened.
- In a short position, when the price rises above the moving average, and the conditions for a long position are met, the short position will be closed, and the long position will be opened.
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How to get access to the strategy
Read the author's instructions on the right to learn how to get access to the strategy.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact anson5129 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact anson5129 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.